Four state-backed funds are placing four structurally different bets on how a country captures value from artificial intelligence — full-stack aggregation, domestic vertical integration, infrastructure neutrality, and pure financial exposure. (Photo by Giuseppe CACACE / AFP via Getty Images)
AFP via Getty Images
Abu Dhabi’s MGX closed its first fund on July 1 at $49 billion, four billion dollars past target and the largest sovereign wealth fund bet on artificial intelligence yet. The total folded into a portfolio that already holds pieces…
